NVDA · Convergence Trade
Current Spread (mark)
updated 34s ago+0.141%higher than 77% of spread values(window 1D)
long $162.5300 · short $162.7600
Entry Spread (order book)+0.125%on $10,000
long $162.5300 · short $162.7332(average execution prices, not mark)
market median $162.8400· long -0.2%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Three scenarios: the current spread 0.14% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.50% | 1.00% |
|---|---|---|---|
| Gross profit | +$14.15 | -$35.85 | -$85.85 |
| Round-trip fees | −$7.00 | −$7.00 | −$7.00 |
| Slippage(orderbook) | −$4.27 | −$4.27 | −$4.27 |
| Funding drag(est. 1h hold) | −$0.05 | −$0.05 | −$0.05 |
| Net potential | +$2.83 | -$47.17 | -$97.17 |
Breakeven move 0.1132%·Tradeability: 1.3× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~12min)
Exit target: spread compresses to the median 0.12% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 25 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 285 samples
Current
+0.141%
77 pct
Median
+0.118%
Average
+0.118%
P25 → P75
+0.093% … +0.140%
Range
-0.163% … +0.548%
Std dev
±0.053%
tf
LONG
Ondo(dex)
Ondo(dex)- Mark Price
- $162.5300
- Exchange Ticker
- NVDA-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +7.45%
- OI
- $2.29M
- 24h Vol
- $4.84M
SHORT
Lighter Robinhood(dex)
Lighter Robinhood(dex)- Mark Price
- $162.7600
- Exchange Ticker
- NVDA-USDG
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +3.51%
- OI
- $12.09M
- 24h Vol
- $38.56M
284 long / 285 short samples · 2 days · auto-refresh every 30s